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The Latest Breaking News from Crypto

FTX and Genesis avoid 'costly and uncertain litigation' by reaching $175 million settlement

The two giants had hundreds of millions of dollars worth of claims against each other.

Fortune

Why are there so few great startup founders in their 20s? Some blame crypto

One writers suggests there are fewer founders because promising entrepreneurs went into crypto and found a dead end.

Fortune

Grayscale is on the cusp of winning Bitcoin’s biggest prize—but Wall Street’s big dogs could snatch it away

Grayscale's CEO has been planning a Bitcoin ETF for years—but now legal troubles and new interest from blue chip companies mean a competitor could sew up the market.

Fortune

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Coinbase approved to sell crypto futures in the U.S.

The company will be the first crypto-native company to offer regulated futures alongside spot crypto offerings, according to a blog post.

Fortune

Bitcoin, Ethereum, Dogecoin Drop Despite Launch Of Europe’s First BTC ETF: Analyst Sounds Alarm On Potential Correction For King Crypto In Coming Months

Major cryptocurrencies experienced a significant decline following an intense mid-afternoon selloff

Zenger

The new Coinbase blockchain is rife with scam tokens. Who should be responsible?

Fraud is part of any decentralized system, but should regulators step in?

Fortune

PayPal’s outgoing CEO is bullish on crypto. What will be the company’s approach under Alex Chriss, owner of 2 Crypto Hippos NFTs?

The payments giant’s long-reigning CEO, Dan Schulman, will retire at the end of 2023.

Fortune

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Abandoned $4.2m mansion of ‘crypto millionaire’ discovered

The sprawling property is complete with a wooden spiral staircase, an indoor hot tub, and a room for mining Bitcoin

The Independent UK

Bitcoin ETF ruling expected this week—and with it a major jolt to crypto markets

The appeals court’s decision on Grayscale v. SEC is expected to arrive this week—with profound consequences for the crypto industry.

Fortune

Inside Sam Bankman-Fried’s day-to-day at an ‘inhumane’ NYC detention center

A judge sent the disgraced crypto founder to the federal facility on Friday after ruling that he violated his bail conditions.

Fortune

Donald Trump may be sitting on half-a-million dollars in Ether that came from selling his widely mocked NFTs

The former president has previously called crypto “a very dangerous thing.”

Fortune

How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

Hardware companies often require large amounts of capital before they can even show off a prototype, infrastructure investors said.

Fortune

The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

WEKU

What progressives get wrong when it comes to crypto

Instead of the few pursuing change for the many, decentralization allows everyone to effect change together.

Fortune

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The Independent UK

FTX founder Sam Bankman-Fried ordered to jail after being accused of witness-tampering

Failed cryptocurrency wonderkid likely to be jailed until October fraud trial

WEKU

Former FTX CEO Sam Bankman-Fried ordered to jail after judge revokes his bail

A federal judge has decided the disgraced former CEO of the cryptocurency exchange should be sent to jail as he awaits trial on fraud charges.

Fortune

Bittrex agrees to $24 million settlement after SEC sued crypto exchange alleging it ‘repeatedly chose profits over investor protection’

This is the second $20-million-plus settlement the federal government has reached with a crypto exchange this year.

The Independent UK

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO

Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world

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Zenger

FTX Bankruptcy Battle Turns Ugly As Management And Creditors Clash

FTX (CRYPTO: FTT) management is taking issue with traders and market makers on a principal creditor committee.

Fortune

Ripple v. SEC: Why the crypto industry may have celebrated too early

Some favorable aspects of the decision for Ripple seem ripe for a reversal on appeal. That could strengthen the SEC’s hand going forward.

Fortune

How fast are Binance revenues falling? New trading data offers critical clues about the health of the crypto empire and its $37 billion coin

The double hit from legal crackdowns targeting Binance and steep drop in overall trading of digital currencies has hammered the exchange’s volumes.

Fortune

SEC will seek to appeal the landmark Ripple decision on whether XRP is a security

The agency is pushing back on a judge's ruling that programmatic sales of XRP did not represent a securities sale.

Kiplinger

PayPal Launches U.S. Dollar-Denominated Stablecoin

Customers who buy the digital currency can transfer it between PayPal and compatible external wallets.

Fortune

Bitcoin briefly rockets past $30,000 as world’s largest cryptocurrency plateaus near year-highs

The token has traded near the $30,000 mark for more than a month.

Fortune

The surprising reason behind the recent influx of Ether futures ETF applications

Inside the recent "sea change" from the SEC, which could lead to a new type of crypto asset.

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